Ron Berkley and the Team at Ray White Real Estate Inverell offer 'For Sale' this entry level Mixed Use Industrial Site. Set on a 1802sqm allotment of land with 3 Street frontage including the high traffic flow location at the corner of Ring Street and Brae Street. Zoned E4 General Industrial. 5 separate tenancies currently returning $45,206.02 Gross for the 2024 Financial year. Council Rates are $8,255 per year. A 2024 Financial Year Income and Expenditure statement is available upon application. The building itself is a mix of older Industrial bays, an Industrial shed and a small residential flat. The property would lend itself to a potential re-development in the future. Centrally located surrounded by Industrial businesses, 900 metres to the Bulky Goods Precinct and 1.2kms to the Inverell CBD. Motivated vendors selling due to a restructure of investments. Further Information available upon request contact Ron Berkley 0417-612 660 0f Ray White Real Estate Inverell.
The size of Inverell is approximately 208.6 square kilometres. There are 25 parks, covering nearly 6.2% of the total area. The population of Inverell in 2016 was 11660 people. By 2021 the population was 12057 showing a population growth of 3.4% in the area during that time. The predominant age group in Inverell is 10-19 years. Households in Inverell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Inverell work in a labourer occupation.In 2021, 63.30% of the homes in Inverell were owner-occupied compared with 61.90% in 2016.
Inverell has 6,543 properties. Over the last 5 years, Houses in Inverell have seen a 75.75% increase in median value, while Units have seen a 111.93% increase. As at 30 June 2026:
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